Leading independent wells specialist, Elemental Energies, has secured a major master services contract to support the decommissioning of nine orphaned wells in the Gulf of Mexico by Promethean Energy (Promethean), a late life oil and gas operator focused on delivering safe, cost-efficient and timely decommissioning of mature assets.
The first phase commenced in February with Elemental Energies providing well management services from its Houston office for the plugging and abandonment of wells in the Matagorda Island area, off the Texas coast. The work comes as part of a five-year contract awarded to Promethean bythe Department of the Interior’s Bureau of Safety and Environmental Enforcement (BSEE) to decommission orphaned offshore wells.
Elemental Energies’ Julie Copland,Head of Decommissioning and Low Carbon, said: “We're thrilled with this awardas it marks a significant expansion of our efforts in the Gulf. Our rich history in decommissioning, uniquely equips us to address the Gulf's orphaned wells, applying our expertise to mitigate environmental risks, navigate complex regulations, and reduce the associated OPEX of decommissioning work. This project and partnership is a testament to our commitment to meeting evolving industry standards and safeguarding our environment."
The contract is partiallyfunded by the Bipartisan Infrastructure Law through a $64million commitment to address orphaned oil and gas wells on public lands.
Steve Louis, SVP Decommissioning for Promethean Energy, said: “We at Promethean aredelighted to have Elemental Energies as a strategic partner, as we work with the federal government and others to deliver these projects of strategic importance to the nation’s environmental stewardship and energy security. Elemental’s well engineering expertise is an important component of our comprehensive wells management capability as an operator of mature assets and their decommissioning.”
Learn more at elementalenegies.com
